Robert Kiyosaki, the author of the popular book 'Rich Dad Poor Dad', has once again expressed concern over an impending market crash, announcing his plans to invest in Bitcoin, gold, and silver after potential price declines.
Kiyosaki's Crash Warnings
In a post on X, Kiyosaki stated that 'the odds are gold, silver, and Bitcoin will bust too' when the bubble bursts. He framed the potential crash as a buying opportunity, adding, 'If prices of gold, silver, and Bitcoin crash... I will be buying.'
Criticism of Kiyosaki's Predictions
This is not the first time Kiyosaki has warned about an impending crash. He has established a reputation for making bold predictions, many of which have not materialized. Some X users have noted that Kiyosaki has made similar bubble-burst predictions at least 30 times since 2022. The newsletter 'Brew Markets' also advised readers not to take investment advice from Kiyosaki.
Analysis of Current Bitcoin Market Situation
Meanwhile, Bitcoin is trading just over 3% below its all-time high of $123,091.61. As of 4:58 a.m. EST, it retraced to $119,016.15. Renowned crypto analyst Rekt Capital informed his followers that Bitcoin's latest uptrend 'is not over yet.'
While Kiyosaki continues to make his crash predictions, it is essential to monitor the market situation and consider expert opinions before making investment decisions.
